Escalating US-Iran tensions risk destabilizing the region, impacting global 
oil markets and increasing the likelihood of broader conflict.
The post US strikes Iranian tankers as UAE reports missile, drone attacks 
appeared first on Crypto Briefing.

US strikes Iranian tankers as UAE reports missile, drone attacks

Re&#8217;s switch to Chainlink CCIP underscores a growing industry trend 
prioritizing security and resilience in cross-chain operations.
The post Re drops LayerZero and goes all-in on Chainlink CCIP for cross-chain 
transfers appeared first on Crypto Briefing.

Re drops LayerZero and goes all-in on Chainlink CCIP for cross-chain transfers

Criminal teams behind wrench attacks usually consist of three to five people, 
often posing as delivery drivers or luring victims into ambushes, said CertiK.

Europe sees ‘hyperconcentration’ of crypto wrench attacks as losses hit $101M

NSW Police said the Bitcoin was allegedly linked to illegal darknet 
marketplace activity involving drugs and weapons.

Australian police seize $4.1M in Bitcoin tied to darknet market

Coinbase, Block and Crypto.com have all cited AI to justify recent cuts, 
though Scale AI’s Jason Droege suspects companies are using the technology as 
cover.

How AI became crypto’s favorite reason to cut staff

Crypto pundit Vincent Van Code has explained what a $5 trillion Fed master 
account, which Ripple is eyeing, could mean for XRP. This comes as the Fed 
weighs rolling out skinny master accounts for crypto firms, which could also 
provide them access to the central bank’s payment rails. What A Fed Master 
Account For Ripple Could Mean For XRP In an X post, Vincent Van Code stated 
that a Fed master account for Ripple means that the company can hold its RLUSD 
backing balance with the Fed without counterparty risk. He further noted that 
the $5 trillion is a glimpse into how much RLUSD will be printed. The pundit 
then alluded to the RLUSD/XRP pair, suggesting that XRP’s value could increase 
significantly as it is used to enable cross-border asset exchanges. Related 
Reading: Ripple Execs Are Firing Back And XRP Investors Could Be In For A Good 
Time In line with this, Vincent Van Code declared that there are big plans in 
store for XRP and that the flywheel hasn’t yet spun up. The pundit suggested 
that XRP holders simply have to be patient as these plans materialize. In 
another X post, he explained the model for how a Fed master account could send 
XRP to at least $80 based on Ripple CEO Brad Garlinghouse’s prediction that 
over 30% of Ripple Treasury’s $13 trillion could be on-chain by 2031. The 
pundit noted that 30% of $13 trillion is around $5 trillion and that a Fed 
master account is also $5 trillion. He further remarked that a potential 
monthly release of 1 billion XRP from escrow at $80 per XRP would reach $5 
trillion in about 60 months. Vincent Van Code added that he may be wrong, but 
that the model adds up. He added that XRP reaching $80 by 2032 will shock some 
people, but those who bought at $0.50 could see a 160x return. 30% of Ripple 
Treasury’s $15 Trillion Could Move On-chain In an X post, Crypto pundit 
ChartNerd highlighted Ripple CEO’s statement that 30% of their treasury 
business could move on-chain in the next five years. Garlinghouse noted how 
this could provide more liquidity in the crypto ecosystem, potentially 
boosting XRP’s price, with the firm already integrating the altcoin into their 
treasury management system. Related Reading: Why Does Ripple Keep Unlocking 
And Selling Millions Of XRP Every Month? The Ripple CEO also mentioned that 
their treasury business is seeing greater adoption among large- to mid-sized 
companies, with American Airlines as a client. He noted that they have been 
able to make payments faster and more cost-effectively for these companies, as 
they can now make cross-border payments in real time. Garlinghouse also 
alluded to their dashboard, which makes payments easier, seeing as they have 
now integrated XRP and RLUSD with fiat on the same dashboard. At the time of 
writing, the XRP price is trading at around $1.38, down in the last 24 hours, 
according to data from CoinMarketCap. Featured image from Getty Images, chart 
from Tradingview.com

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